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Cardinal Energy Ltd (Alberta) T.CJ

Alternate Symbol(s):  CRLFF

Cardinal Energy Ltd. is a Canadian oil and natural gas company with operations focused on low decline oil in Western Canada. The Company is engaged in the acquisition, development, optimization and production of crude oil and natural gas in the provinces of Alberta, British Columbia and Saskatchewan. Its operating areas include the Midale, South District, Central District, and North District. Its Midale operating area of over 730 million barrels of original oil in place (OOIP) and its low decline in production of 3,200 barrels of oil equivalent per day (boe/d) (net) is supported by both waterflood and CO2 enhanced oil recovery. Its South District operating area is located east of Calgary in southeastern Alberta and produces medium gravity crude, as well as liquids-rich natural gas. Its Central District operation is located in East Central Alberta, which is focused on producing oil from multiple, large OOIP pools. Its North area includes Grande Prairie, Clearwater and other properties.


TSX:CJ - Post by User

Comment by Quintessential1on Sep 17, 2024 8:04pm
56 Views
Post# 36228214

RE:RE:US to seek 6 million barrels of oil for reserve

RE:RE:US to seek 6 million barrels of oil for reserveLOL. TORO TORO

GLTA





VeritasVern wrote: Do you have a retention issue??  According to the Reuter news article they have $841 million left to add barrels into the SPR and not zero...
But if you disagree why not reach out to Ari Natter of Reuters to voice your concern and correct him with the amount of funds available? ;-)

GLTA


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